Economic Development News

Lowe’s selects Charlotte and Mecklenburg County for new global technology center, creates more than 1,900 jobs in Charlotte
Thursday, June 27, 2019

CHARLOTTE, N.C. (June 27, 2019) – Lowe’s Companies Inc. announced Thursday it has selected Charlotte as the future home of its new global technology center, creating more than 1,900 net new jobs in the city. Lowe’s will invest $153 million in the technology center, which will be located in Charlotte’s South End neighborhood. The

Manufacturing company investing $17.5 million in South Carolina facility
Thursday, June 13, 2019

COLUMBIA, S.C. - Boise Cascade Company (NYSE: BCC), one of the largest producers of engineered wood products and plywood in North America and a leading U.S. wholesale distributor of building products, is expanding its existing operations in Chester County. The company is investing an additional $17.5 million in the facility in a series of upgrade projects.

Announcing North America's Top 50 Economic Developers of 2019
Friday, May 10, 2019

Drumroll please! We are so excited to officially announce and congratulate this year's recipients of the Top 50 Economic Developer award for 2019. Each winner has been nominated by someone in the economic development or site consultant communities for their outstanding leadership and innovation in the profession. We hope you help us congratulate the

New Jersey-Based Company Plans Move to Cabarrus County
Monday, May 6, 2019

Hydromer, Inc., a New Jersey-based manufacturer, made an exciting announcement in April about their plans to move their operations to Concord, North Carolina this summer. Hydromer was built in 1981 and grew to become a leading developer of polymer-based products in the medical device, pharmaceutical and biotechnology markets, as well as cosmetics, personal

Charlotte Regional Business Alliance Named Top ED Group for 2019
Wednesday, May 1, 2019

May 1 - The Charlotte Regional Business Alliance has been named as one of the country’s Top Economic Development Groups for 2019 by Site Selection. The magazine bases its annual ranking on four objective criteria – jobs, capital investment, jobs per capita and investment per capita. The publication also looks at subjective criteria, such as

Global Manufacturer of Machine Tools Relocates U.S. Headquarters to Charlotte
Friday, February 15, 2019

CHARLOTTE, N.C. (Feb. 15, 2019) - Porta North America, a subsidiary of Italy-based Porta-Solutions S.p.A., announced today they will relocate their North American headquarters from Newington, CT to 9233 Forsyth Park Drive in southwest Charlotte. In addition, the company is expanding its U.S. business operations with the opening of a North American Training

Amazon Distribution Center Finalized
Wednesday, August 1, 2018

Amazon Distribution Center Finalized Project to Create 1500 Jobs and $200 Million Investment August 1, 2018 – The Charlotte Chamber is excited to share that Amazon has completed the final steps in their commitment to locate a distribution center on 100 acres off Tuckaseegee Road, north of Charlotte Douglas International Airport. The center will

Yokohama Tire Corporation to open R&D Facility in Mecklenburg County
Tuesday, April 10, 2018

Yokohama Tire Corporation to open R&D Facility in Mecklenburg County April 10, 2018 - Yokohama, a subsidiary of Tokyo-based The Yokohama Rubber Co. Ltd., has announced plans to locate an R&D facility in Mecklenburg County. The Cornelius facility will create 56 jobs and generate $5.85 million investment for the area. Yokohama Tire Corporation is

KURZ to Build North American Headquarters in Mecklenburg County
Tuesday, April 10, 2018

KURZ to Build North American Headquarters in Mecklenburg County Huntersville, NC – KURZ, a worldwide leader in hot stamping and coating technology, has announced plans to build its North American headquarters on Patterson Road in Huntersville. Headquartered in Germany, KURZ will invest more than $18 million in the new facility and plans to hire 90

Chinese Forklift Manufacturer Opens U.S. Headquarters
Tuesday, April 3, 2018

Chinese forklift manufacturer establishes U.S. headquarters in Charlotte April 3, 2018 - HangCha America, the American division of China’s largest forklift truck manufacturer, will open its U.S. headquarters in Charlotte. The location at 10405-A Granite Street will serve as a sales office and showroom as well as a customer service and warehouse

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